Posted 3 years ago on Sept. 30, 2011, 10:34 a.m. EST by formul8
(16)
from Ixelles, Brussels
This content is user submitted and not an official statement

the content is getting busy now and would benefit from some structure e.g. around key topics. I am sure you have considered this but thought I would raise it since I see issues being discussed in different places which would benefit from being together.

9 Comments

Economic policy in the United States and Europe has failed, and people are suffering.

Economic policy failed for three reasons: (1) policymakers focused on enabling offshoring corporations to move middle class jobs, and the consumer demand, tax base, GDP, and careers associated with the jobs, to foreign countries, such as China and India, where labor is inexpensive; (2) policymakers permitted financial deregulation that unleashed fraud and debt leverage on a scale previously unimaginable; (3) policymakers responded to the resulting financial crisis by imposing austerity on the population and running the printing press in order to bail out banks and prevent any losses to the banks regardless of the cost to national economies and innocent parties.

Economic policy in the United States and Europe has failed, and people are suffering.

Economic policy failed for three reasons: (1) policymakers focused on enabling offshoring corporations to move middle class jobs, and the consumer demand, tax base, GDP, and careers associated with the jobs, to foreign countries, such as China and India, where labor is inexpensive; (2) policymakers permitted financial deregulation that unleashed fraud and debt leverage on a scale previously unimaginable; (3) policymakers responded to the resulting financial crisis by imposing austerity on the population and running the printing press in order to bail out banks and prevent any losses to the banks regardless of the cost to national economies and innocent parties.

One person is managing this forum.There are plenty that offered help. I'm not sure why it is not being delegated out and getting done. Without an organized forum, it reflects disorganization and we would prefer to avoid that.